Manuel B. Villar Jr., the wealthiest Filipino, is aiming to secure the authorization to develop and extend the Light Rail Transit by seven stations from Bacoor, Cavite all the way to Silang. He believes that obtaining the necessary right of way for the railway won't pose a significant challenge.
During an informal conversation with the media, Villar mentioned that this plan could be carried out through his company, Prime Asset Ventures Inc. (PAVI). Presently, the ongoing plans for the 11-kilometer LRT-1 Extension led by the Light Rail Manila Corporation are set to conclude at the Niog station in Bacoor, Cavite.
Villar observed that the partnership between Metro Pacific Investments Corporation and Ayala Corporation might encounter difficulties in extending the railway further into Cavite due to right-of-way issues. However, he emphasized that his company, if entrusted with the task of developing the extended railway, could expedite the acquisition of the right of way, given that the route would traverse land he already owns.
He revealed that ongoing negotiations are in progress for PAVI to take over the extension's development into Cavite. The result could manifest as either a joint venture with LRMC or a new partner for PAVI.
Villar explained that their initial plan is to extend by seven stations from Niog to Government’s Drive. Stations in Nomo and Bacoor Government Centre will be in between, with the railway passing through Molino.
While his ultimate desire is to extend it all the way to Silang, closer to Tagaytay, he acknowledged that Ayala and Metro Pacific (MPIC) are not as enthusiastic about that prospect. The original intention was to extend to Zapote, but they might halt at Sucat.
Villar highlighted that for LRMC to continue would be costly and time-consuming due to the need for right of way acquisition, given that they don't possess the land.
Should they decide to take over and extend it, Villar emphasized that the alignment would change to utilize land they already own, minimizing the need for right of way acquisition.
Additionally, he mentioned that he intends to collaborate with a partner for the project, as there is considerable interest in pursuing it, and right of way acquisition remains the primary challenge.
Villar emphasized the significance of owning the land through which the railway will pass, as it allows him to secure the necessary right of way. He intends to develop areas around the stations and establish retail outlets.
Villar pointed out that the extension project would be more feasible if PAVI becomes involved, benefiting all parties involved. Extending or connecting to the Cavite extension would result in even more passengers for the existing LRT system.
He confirmed that PAVI presented this proposal this year and is genuinely committed to pursuing the project without government funding. He did note that they'd appreciate more flexibility concerning fare adjustments in return.
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